Camserv Ltd

Camserv Ltd, based in Aberdeen, UK, is a small, active company founded ten years ago in 2014. With a single employee and £211,833 in assets, it operates from a virtual address shared by 113 other companies—a bit odd, really. The company is led by one director and owner, Cartney Campbell, and maintains a stellar 5.0 Google rating from one review. It’s a regular importer of machinery, boilers, and mechanical appliances, with seven months of import activity recorded, the latest in December 2024.

The company's website describes Camserv as specialists in hydraulic products, offering sales, hire, refurbishment, engineering design, and project management. They cater to the energy industry, drawing on 35 years of combined experience in rig, vessel operations, and subsea installations. Their services include concept design, 3D modelling, hydraulic services, and rental equipment—they’re even approved dealers for Dynaset. The website also highlights partnerships with various companies, and a global footprint.

Financially, Camserv Ltd shows some interesting trends. Cash bank on hand has jumped a whopping 370%, reaching £130,000—a very positive sign. However, creditors have also increased significantly, by 330%, reaching £100,000, and trade debtors have risen by 54%. Equity has grown by 68%, to £140,000, which is good, but the increase in liabilities needs to be watched. The company meets two of the three criteria to be considered small, with a turnover under £10.2m and assets under £5.1m. There's no auditor mentioned, which is typical for a small company.

Overall, Camserv Ltd appears to be experiencing growth, but it’s also taking on more debt. Whether this is a sustainable strategy or a sign of burning through cash remains to be seen. The company’s focus on specialized hydraulic products and its established industry experience should help it navigate these challenges—but keeping a close eye on those liabilities is key.

Registered in Scotland under the registration number SC481111, with a registered address at AB10 1XE, Scotland, Aberdeen, 5 Rubislaw Terrace.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.